The economic crisis hit Ford: The company is going to shrink!

Ford, the latest victim of global economic instability, is making brutal decisions under the label of restructuring.
 The economic crisis hit Ford: The company is going to shrink!
READING NOW The economic crisis hit Ford: The company is going to shrink!

The world’s largest companies continue to take certain measures due to the fluctuations and unpredictability in the global economy. Sometimes these measures may include cruel decisions such as dismissal. Finally, automaker Ford joined this caravan.

Ford prepares to lay off 3,000 jobs with restructuring

Automaker Ford is preparing to make difficult decisions under the name of “restructuring”. According to the statement, the company sent an e-mail to its employees under this title. The company informed its employees by e-mail that 3 thousand people will leave the company in the first place. On the other hand, according to the news, the company may lay off 8 thousand people in the coming months.

According to the information received, the dismissals made under the name of restructuring will be a global operation. However, most of the cuts are said to be in people working at Ford Business Services operation in the US, Canada and India. On the other hand, about 2,000 of them will be salaried employees and a thousand will be agency personnel. The CEO of the company, Jim Farley, made the following statements on the subject.

At Ford, we definitely have too many people in certain places. There is no doubt. We have skills that no longer work and jobs that need changing. We have many new job postings that we’ve never had before. Like every part of our company, we are literally reshaping our company.

Layoffs have been popular among large companies lately. In this regard, Ford company, Tesla, Amazon, Meta, Google and many other important companies came to the fore with layoffs as well as stopping hiring. In fact, Tesla is currently in the process of litigation for its improper conduct in the layoffs.

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